Reviewing the afternoon market, Bitcoin started a new round of decline from the 67,000 level, dropping to a low of 65,400 before stopping. Subsequently, the bulls launched a strong rebound, and currently the price has risen back to around 66,000.

From a technical perspective, this rebound is more like a normal technical correction under the dominance of bears, and the overall bearish pattern has not been reversed. The decline was driven by continuous solid bearish candles, with the bears actively increasing their positions to suppress the price; the subsequent rebound, although seemingly rapid, failed to break above the first resistance zone at 66,300-66,500. In a weak market, this often constitutes a "trap" to lure in long positions. On the 4-hour chart, the price remains under pressure below the MA5 and MA10 moving averages, and the middle band of the Bollinger Bands on the hourly chart coincides with the moving average around 66,300, showing overall resistance characteristics.

Operationally, it is recommended to maintain a bearish bias in line with the trend. Do not blindly chase longs until a clear bottom structure appears. Watch the resistance zone at 66,300-66,500 above; consider gradually opening short positions near this area, targeting the afternoon low of 65,400. If this level is tested again, further downside towards 65,000 can be considered. At the same time, strict position control and risk management should be maintained. #贵金原油价格飙升 $BTC